Is 32256, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32256 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 32256 was a Seller's Market.

Key Takeaway

32256 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 32256, FL

How much do homes in 32256, FL cost?

Median Sold Price

$375,799

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$24,059(-6.0%)

Key Takeaway

Homes in 32256 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 32256 was $375,799 in May 2024, down 6% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160K$165K
+3.1%
2 $250K$262.5K
+5.0%
3 $375.5K$393.7K
+4.9%
4 $592.2K$595K
0.5%
5+ $711.7K$752.2K
+5.7%

Summary: 32256 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

32224
+10.4%
32246
+4.1%
32258
+3.4%
32257
+2.3%
32256
-6.0%

Housing Supply in 32256, FL

How many homes are available in 32256, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
435458+5.3%

Summary: The 32256 real estate market had 458 homes for sale in May 2024, a 5.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1613
-18.8%
2 133134
+0.8%
3 186202
+8.6%
4 7279
+9.7%
5+ 2830
+7.1%

Summary: The 32256 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
8469-17.9%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32256, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in 32256 in May 2024, down by 17.9% month-over-month. Of the 69 sold homes, 71% were sold under asking, 22% were sold at asking, and 7% were sold over asking.

Days on Market for 32256, FL

How long does it take to sell a home in 32256, FL?

Average Sale Time

May 2023May 2024CHANGE
86 Days54 Days-36.8%

Summary: Homes in 32256 had an average of 54 days on market in May 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32256 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 69 homes were sold in 32256; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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